Latest Updates Around The World
ICICI Prudential AMC has raised Rs 3,022 crore from 148 investors across sovereign wealth funds, global asset managers, domestic insurers, pension funds, mutual funds and family offices ahead of its Rs 10,600-crore IPO.The participation pattern indicates broad institutional conviction ahead of the public issue, which runs from December 12 to 16 at a price range […]
Adani Green Energy on Wednesday witnessed a block deal worth Rs 2,778 crore, which was executed at Rs 970 per share. TotalEnergies Renewables sold around 2.86 crore shares, and the entire block was absorbed by a diverse group of institutional investors, mutual funds, family offices and high net worth buyers.The top buyers included Quant Mutual […]
Radhika Gupta, MD and CEO, Edelweiss Mutual Fund | Photo credit: Manoej Paateel Edelweiss Asset Management Ltd plans to expand its presence to 100 cities across India as it looks to capitalize on a wave of interest among retail investors in the country’s stock market. The asset management firm is looking to expand into smaller […]
Wakefit Innovations has raised Rs 580 crore from key investors ahead of its IPO, according to a stock exchange filing on Friday. The allotment was made at Rs 195 per share, the top end of the price range, indicating strong institutional appetite for the country’s largest D2C home and furniture brand on a FY24 revenue […]
Sudeep Pharma, a technology-focused maker of excipients and specialty ingredients used in pharmaceuticals, food and nutrition, has raised Rs 268 crore from a heavyweight roster of anchor investors, setting the tone for its Rs 895 crore IPO set to open on November 21.The company allotted 45.27 lakh shares of Rs 593 each to anchors, drawing […]
Edtech major PhysicsWallah has mobilized Rs 1,563 crore from 57 anchor investors ahead of its Rs 3,480 crore IPO, which opens for public subscription on Tuesday. The company allotted 14.33 crore shares at the top end of the price band of Rs 109 per share, according to data filed with the BSE.The strong anchor reaction […]
The buzz around Lenskart’s recent IPO has sparked sharp reactions and debates among investors and social media users. Deepak Shenoy, CEO of Capitalmind Asset Management, added perspective to the ongoing discussion and shared his views on the drama surrounding an IPO and the unpredictability of market behavior. Shenoy posted on social media platform So much […]
Eyewear retailer Lenskart Solutions has raised Rs 3,268.36 crore from 147 anchor investors ahead of its much-awaited IPO, which opens for subscription on October 31 and closes on November 4. The company has allotted 8.13 crore equity shares at the high end of the price band – Rs 402 per share (face value Rs 2 […]
Supplier of solar energy -solutions GK Energy has raised RS 139 crore from anchor investors, including Pinebridge, Prashant Jain’s 3P India Equity Fund prior to his IPO. The issue will be opened on September 19 for the public subscription. The company said it has assigned 91.03 Lakh shares on the top of the price band […]
